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Bitcoin

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There is a fair bit of fresh air under current support.

Intriguingly it is doing exactly the opposite of what an inflation hedge is supposed to do. I would be interested to know at what level forced liquidation of positions becomes an issue.

Category: CryptocurrencyBy Chris TateMay 12, 20222 Comments

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2 Comments

  1. Ralph Billett says:
    May 13, 2022 at 10:58 am

    Yep could fall to 12K lucky for me I went to cash.

    Seems I have learnt something over the years LOL

    • David Dunlop says:
      May 13, 2022 at 6:12 pm

      One ‘stable coin’ down… yes interesting to see how it plays out. I’m not holding any $ in my Binance/FTX ‘hot wallets’ to find out. Concur with you there Ralph. Prob should reinstate my 12-13k ‘back to the mean’ trendline on BTC.

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